Humana prices offering of USD3.0 senior notes.

Global Banking News-July 30, 2021-Humana prices offering of USD3.0 senior notes

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Medical company Humana Inc (NYSE:HUM) revealed on Thursday that it has priced its public offering of USD3.0bn in senior notes.

The company added that the senior notes are comprised of USD1,500m of 0.650% senior notes, due 2023 at 99.933% of the principal amount, USD750m of 1.350% senior notes due 2027 at 99.905% of the principal amount as well as USD750m of 2.150% senior notes due 2032 at 99.804% of the principal amount.

After deducting underwriters' discounts and estimated offering expenses, the company expects net proceeds from the senior notes offerings of approximately USD2.973bn.

Net proceeds from the senior notes offerings, together with cash on hand and...

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